Gone concern and Goodwill on consolidation: Difference between pages

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A basis of valuation or other financial assessment, which assumes discontinuance of the bank (or other undertaking) being assessed.
An asset reported in a consolidated group balance sheet, based on the excess - if any - of the purchase price paid for the investment in a subsidiary, over the holding company's share of the subsidiary's net assets.




The gone concern concept is important in bank prudential regulation and capital requirements.
== See also ==
* [[Goodwill]]
* [[Group accounts]]
* [[Subsidiary]]


To be fully effective as loss absorbing capacity, capital should absorb losses when the entity is still a going concern (and not yet a 'gone concern').


=== Other resources ===


[[Media:Apr15TTqualifications45-47.pdf| All together now - consolidation accounting, The Treasurer]]


== See also ==
''Consolidation can seem complicated.''
*[[Total Loss Absorbing Capacity]]
*[[Going concern]]
*[[GCLAC]]


[[Category:Compliance_and_audit]]
''This article unpicks the complexity to explain the purpose and process of consolidated group accounting.''

Revision as of 15:11, 20 August 2017

An asset reported in a consolidated group balance sheet, based on the excess - if any - of the purchase price paid for the investment in a subsidiary, over the holding company's share of the subsidiary's net assets.


See also


Other resources

All together now - consolidation accounting, The Treasurer

Consolidation can seem complicated.

This article unpicks the complexity to explain the purpose and process of consolidated group accounting.

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Gone_concern&oldid=23669’